Remittances.

In January, Ripple launched the Blockchain Technology Research Scholarship Program (BRSP) in collaboration with Tsinghua University Institute for Fintech Research, a leading, fintech-focused academic institute in Beijing.

“We are proud to be a pioneering bank in modernizing Ethiopia’s payment systems. The various e-payment facilities deployed have enabled us to become the number one provider of technology-based banking services,“ CBE President Bacha Gina said.

With a progressive awareness of the need for a sustainable African development agenda driven by Africans, the African diaspora could provide the other half of the equation needed to turn the SDGs from aspiration to concrete reality.

In a post on social media site WeChat, the authority said refusing to accept cash could exclude people unfamiliar with mobile and electronic alternatives, along with those unable to access these services due to living outside major urban areas.

The report provides data which, while illustrating the challenges that the industry faces, also reflects an inevitable transformation of the financial sector and the role that entrepreneurs play in accelerating innovation and changing the way in which people have interacted until now with financial services.